Income Tax Calculator
The new tax regime is the default, but the old regime can still win if you claim large deductions (80C, 80D, HRA, home loan interest). Enter your income and deductions to compare both for FY 2025-26.
Total income before deductions
Old-regime deductions
Used only for the old regime. The new regime ignores these.
New regime
Lower₹97,500
Taxable: ₹14,25,000
Old regime
₹1,87,200
Taxable: ₹12,25,000
The new regime saves you ₹89,700 this year.
Estimates for FY 2025-26 (AY 2026-27) including 4% cess and Section 87A rebate, for individuals below 60. Surcharge on income above ₹50L is not included. Verify with a tax professional before filing.
Frequently asked questions
What are the new regime slabs for FY 2025-26?
Nil up to ₹4L, 5% (₹4–8L), 10% (₹8–12L), 15% (₹12–16L), 20% (₹16–20L), 25% (₹20–24L), and 30% above ₹24L. A Section 87A rebate makes income up to ₹12L effectively tax-free.
Should I choose old or new regime?
If your total deductions are large, the old regime may be cheaper; otherwise the new regime usually wins. This calculator computes both and highlights the cheaper one. It's an estimate: confirm with a tax professional.